We have been providing property valuation and advice to the Perth market since 1991 as Hegney Property Valuations prior to our rename to LMW 2015. More recently we merged with Taylor Byrne to become Acumentis in 2019. With a national presence and deep local market expertise you can trust Acumentis Perth with your property needs.
Based in Subiaco our team provides valuation, buyers agent and advisory property services extending throughout the Perth metropolitan area from as far north as the suburb of Two Rocks down to the southern coastal suburb of Secret Harbour. Our eastern reach extends through to areas such as Bakers Hill and the Serpentine-Jarrahdale region.
Additionally, a significant feature of our operation is that the Perth office manages the provision of valuation and a range of other property services throughout Western Australia, giving complete state-wide coverage across a vast geographical footprint and covering all regional centres. All property sectors of residential, commercial, rural and agribusiness are serviced with specialist expertise in each category.
Our Perth team can assist you with property valuations for capital gains tax purposes, stamp duty assessments, tax depreciation schedules, pre-sales and pre-purchase advice as well as provide reports to be used as evidence in the Family Law Court. Our organisation size, depth of resources, investment in our people and market leading operational systems ensure a confident delivery of product and customer service throughout Western Australia.
Acumentis Perth office operates with a talented team of qualified professional Certified Practising Valuers licensed under the Land Valuer’s Licensing Act of Western Australia. Our valuation staff are either Associate or Fellow Members of the Australian Property Institute (API) and members of the APIV Limited Liability Scheme. As an API requirement, all valuers regularly attend professional accreditation seminars under the Continued Professional Development (CPD) Program. To further enhance our staff expertise, regular forums are conducted within our office addressing matters pertaining to legislation, planning, market trends, standing instruction and service standards.
Importantly, in addition to undertaking valuation and advisory work, Acumentis directors actively engage in supervisory and mentoring roles in nurturing the professional growth of each team member to maximise their full potential.
We have an excellent longstanding reputation and market presence within Western Australia’s property industry and offer our clients a team of highly experienced property professionals who have specialist skillset and expertise. Our focus is to deliver clear, compliant and accurate reporting, reducing risk and allowing our clients to make confident property decisions.
A property valuation is a detailed report developed to ascertain a property’s market value at the date of inspection. It details key features such as property size, condition, other comparable sales and more. A property valuation is a legally binding report prepared by a Certified Practicing Valuer who has completed a university-level degree and relevant training, in addition to being accredited by the Australian Property Institute.
A property valuation is used for numerous reasons including determining the value of a property pre-purchase or pre-sale. It is also used when applying for a mortgage to purchase a property or refinancing a loan, to ensure the security value of the property adequately covers the loan amount. A valuation may also be used in family and partnership settlements, insurance claims, or for financial reporting.
A property valuation is undertaken by a Certified Practicing Valuer who has completed a university-level degree, in addition to being accredited by the Australian Property Institute.
A property valuation is a report completed after a detailed inspection is undertaken on a property. A property valuation will take into account features including;
A property valuation is required when a property is being purchased, sold, refinanced, transferred, or for financial reporting on property assets. Valuation for the purchase and sale of a property is used to ensure that the security value of a property adequately covers the amount being loaned.
A property valuation is a formal written report prepared by a qualified and registered property valuer detailing the property's market value at a specific date. A property valuation is a legally binding document supported with substantiative comparable sales and property market data. An appraisal is an estimate or an opinion of a property's current value as of a specific date.
The cost of a property valuation will vary depending on the property type, size, and valuation type. A standard residential property market value valuation report is likely to cost from $400 + GST.
The time it takes to complete a physical property inspection will vary depending on the layout, size, and features of a property and the documentation that has been supplied. A residential property inspection is generally completed within 30 minutes, with commercial and agribusiness requiring longer timeframes. A valuation report is generally supplied within 5 working days of instruction and supply of all required documentation.
Market Value is defined by the International Valuation Standard Council as “the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion”.
Once your inspection has been booked, at a mutually convenient time for the valuer and yourself you should start to prepare for the valuation to occur. Here are a few tips for house valuations in Perth.
A valuer will need access to the whole property. Where possible, to speed up the valuation process the homeowner can open side and rear gates, garages, pool fences, and internal and entry doors. An essential part of the valuation inspection process is to measure the house. So, providing full access to the property makes the valuer’s life a lot easier!
Clean, declutter, and repair
You only get one chance to make a first impression. A clean, well-presented house will show your property’s full potential. A valuer will take notes of everything visible, so those unfinished renovations would ideally be completed, and the house presented in its best condition to get the most out of your home valuation.
Take COVID precautions
At Acumentis we operate within COVID safety protocols. If you would like the valuer to wear a mask during the inspection, please don’t hesitate to ask when speaking with our friendly staff to confirm the inspection time. Also, opening doors, and windows and turning on any lights where rooms are dark will facilitate a contactless inspection.
Supply relevant documentation
Highlight the property’s special features
While the valuer is a property expert, there are certain features at a property that are not visible. Do you have an underground water tank? Solar panels on the roof? Underfloor heating? Point these things out to the valuer. Every detail counts.
Please put your pets in a safe place so they don’t escape or take a nibble at the valuer’s leg!
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